BMW 2004 Annual Report Download - page 69

Group Financial Statements 50
Income Statements 51
Balance Sheets 52
Cash Flow Statements 54
Group Statement of
Changes in Equity 56
Notes 57
--Accounting Principles
and Policies 57
--Notes to the Income Statement 66
--Notes to the balance sheet 74
--Other Disclosures 93
--Segment Information 100
--Disclosures pursuant to
§292a HGB 104
Auditors’ Report 107
68
Other operating income includes public-sector grants of euro 39 million (2003: euro 33 million).
[12]Other operating
income and expenses
in euro million 2004 2003
Exchange gains 116 210
Income from the release of provisions 184 156
Income from the reversal of write-downs 133 107
Gains on the disposal of non-current assets 6 25
Sundry operating income 541 613
Other operating income 980 1,111
Exchange losses 98 158
Expenses from additions to provisions 264 207
Expenses for write-downs on receivables 24 28
Sundry operating expenses 133 208
Other operating expenses 519 601
Other operating income and expenses 461 510
Total research and development expenditure
(i.e. research costs, development costs not recog-
nised as assets and capitalised development costs)
were as follows:
in euro million 2004 2003
Research and development costs 2,334 2,146
Amortisation and disposals –637 – 583
New expenditure for capitalised development costs 1,121 996
Research and development costs 2,818 2,559